All Toys R Us stores to close their doors

From BBC - March 14, 2018

All Toys R Us stores in the UK will close in the next six weeks following the chain's collapse into administration.

Attempts to find a buyer for the US retailer's 100 stores in the UK have failed.

Twenty five stores have either closed in recent days or are due to shut by Thursday.

The collapse will put more than 3,000 people out of work as a dismal period for the retail sector continues.

Administrators Moorfields were appointed last month to start winding down the UK's biggest toy retailer after it struggled to pay a 15m tax bill.

Simon Thomas, joint administrator, said Moorfields' efforts to find a buyer had not been successful.

"It is therefore with great regret that we have made the difficult decision to ... proceed with a controlled store closure programme."


Continue reading at BBC »